Credit reporting after Rehab Completion

Was wondering what is the average time credit reports were updated after rehab completion. If anyone has dealt with NYS Hesc in rehab, that would be a plus!

Currently I completed October 27, 2012. The loan was picked up Novemeber 19, 2012. Received two letters stating my rehab completion and account was sold, but no adjustment to credit reports yet. I was told it would take up to 60 days to update. Anyone with success with NYS HESC being rehab and Edfinancial/Nelnet being original lender would be greatly appreciated.

Re: Credit reporting after Rehab Completion

The "claim filed" notation is the final remark on credit reporting when a student loan defaults. If you successfully rehabilitate the loan, you can contact Nelnet and request that the claim filed status changes to "transferred."

Re: Credit reporting after Rehab Completion

Thanks already spoke to nelnet, but they are original lender. I also spoke to nys hesc who I did the rehab with and was given the general 60 days response, but many are stating they had to dispute instead of it coming off with other lenders. I really wanted a response from a person who actually rehab directly with nys hesc with Nelnet being original lender. That would be helpful for me so that I know what to do when my 60 days hit.

Re: Credit reporting after Rehab Completion

Equifax updated one of my loans "Paid as agreed", but not the other one. It still states collections. The lates of course are all still there. i guess I am going to have to contact Nelnet to let them no they missed an account.

Re: Credit reporting after Rehab Completion

For me - when I found out in December 2012 that my loan was rehabbed and picked up by new lender - I immediately disputed it on all CRAs.

Then, I found that those were deleted (pulled up new reports). After confirmed that those were completely out of my account - I learned that I was able to get like a letter saying that your loan has been rehabbed and will be deleted in 30-60 days.

I think I got really lucky - I am not sure if "disputing" is such a good idea - but perhaps, may get CRAs attention (because they will contact your lender to verify your debt and your lender will say, hey - it has been rehabbed so delete it away!!)

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